QUESTION 25 Which of the following poses an internal control problem? When customer payments are received in the mail, checks are sent to the cashier's office and remittance advices are sent to the accounts receivable department O Products are released from inventory after a warehouse employee and a shipping clerk both sign the pick list O Sales representatives have authority to increase customers' credit limits in $1,000 increments O Physical inspection of inventory quantity and condition is outsourced to a firm that specializes in this service. QUESTION 26 Usually the supplier will give the buyer permission to correct the invoice for any discrepancies in quantity in the case of damaged or poor quality goods, a document called a(n) is prepared after the supplier agrees to take back the goods or to grant a price reduction O credit memo O return memo O adjustment memo debit memo QUESTION 27 Clemente Santiago has formed a business that sells carved gourmet coconuts. He has hired five employees. The most senior is Mary, who manages the carving process Jane is the newest employee. She collects the coconuts. Joe takes calls from unhappy customers. Tom tosses finished coconuts into the sea, sending them to the wholesaler. Annie sends letters to the wholesaler extolling the virtues of the latest production run of nuts that are drifting across the bay. Which of the following functions in the value chain is Mary performing? Inbound logistics Operations Outbound logistics Marketing and sales O Service